FCEF First Trust Income Opportunity ETF Forecast, Technical & Fundamental Analysis

FCEF in downward trend: price may decline as a result of having broken its higher Bollinger Band on February 18, 2025

FCEF broke above its upper Bollinger Band on February 18, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 42 similar instances where the stock broke above the upper band. In of the 42 cases the stock fell afterwards. This puts the odds of success at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for FCEF moved out of overbought territory on February 21, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 61 similar instances where the indicator moved out of overbought territory. In of the 61 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where FCEF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for FCEF just turned positive on February 14, 2025. Looking at past instances where FCEF's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

FCEF moved above its 50-day moving average on January 15, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for FCEF crossed bullishly above the 50-day moving average on January 23, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FCEF advanced for three days, in of 418 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 375 cases where FCEF Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .